Tag Archives: interest rates

The Federal Reserve says the economy is growing moderately while cautioning that risks from Europe remain. It’s holding off on taking any further steps to boost the recovery. In a statement after a two-day meeting, the Fed said Wednesday that ...

The Federal Reserve may appear slightly more upbeat on the economy on Wednesday, though investors should not mistake this cautious optimism for any desire to raise interest rates soon. Instead, central bank officials will probably reiterate their expectations that official ...

The Federal Reserve will have plenty to say about the economy Wednesday, when its two-day policy meeting ends with a statement, updated forecasts and Chairman Ben Bernanke‘s latest news conference. Whether all that information will signal any shift in its ...

Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve’s existing policies will help boost growth. Further job gains will likely require more robust consumer and business demand, Bernanke ...

Millions of college students could be in for a shock this summer. The interest rate on a popular federally subsidized student loan doubles in July unless Congress acts. College students on Tuesday are delivering 130,000 letters to congressional leaders asking ...

Since the Federal Reserve’s policymakers last met in January, the job market has shown more muscle. Employers have hired more than a half million people. The unemployment rate is down. The core issue the policymakers face when they meet Tuesday ...

Ben Bernanke is likely to face pressure this week over the Federal Reserve’s plan to hold interest rates near zero until late 2014. Lawmakers and some economists have begun to question whether keeping rates that low for that long will ...

Federal Reserve Chairman Ben Bernanke is urging senators to resolve debates over tax cuts that expire this month and at the end of the year, saying uncertainty around both could slow the economy. Bernanke tells a Senate panel that he ...

Federal Reserve Chairman Ben Bernanke has called the economy “frustratingly slow.” On Tuesday, Congress will find out whether he still thinks so, even after Friday’s news that hiring surged in January and unemployment reached a three-year low. Don’t expect a ...